REGISTERED COMPANY NUMBER: 02992393 (England and Wales) REGISTERED CHARITY NUMBER: 1042386
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022
FOR
GOOD NEWS FAMILY CARE (HOMES) LTD
Heywood Shepherd Chartered Accountants
1 Park Street Macclesfield Cheshire SK11 6SR
GOOD NEWS FAMILY CARE (HOMES) LTD
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 5 |
| Independent Examiner's Report | 6 | ||
| Statement of Financial Activities | 7 | ||
| Balance Sheet | 8 | to | 9 |
| Notes to the Financial Statements | 10 | to | 20 |
| Detailed Statement of Financial Activities | 21 | to | 22 |
GOOD NEWS FAMILY CARE (HOMES) LTD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Our Vision
Good News Family Care (Homes) Ltd is a Christian based registered charity that exists to show God's love in practical ways through a wide range of approaches that aim to reach the whole family.
Our vision is to bring the hope that encourages, motivates and empowers people for real and lasting change; to break cycles of abuse and addiction; to foster the development of strong supportive relationships.
Our Mission
GNFC seeks to create a sense of family and belonging that offers opportunities for hurting people to take risks in a safe, secure and accepting space, where to fail is an opportunity to learn and to grow.
The Board of Trustees and Senior Management Team work closely together to oversee and administer the operations of the charity in compliance with all regulatory requirements.
The aims and objectives of GNFC
The GNFC (Homes) Limited Deed of Memorandum, states our objectives as follows:
~ To promote the maintenance of moral and family welfare,
~ To advance the Christian religion.
~ To advance education.
~ To enhance the development and education of children under statutory school age and of school age by providing for the needs of such children through community groups.
Faith Statement
Throughout GNFC, prayer is integral to every part of the organisation, our work, life and decisions. We seek to be led and guided by the Holy Spirit and underpin our ministry by the Bible.
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One God in three persons: Father, Son and Holy Spirit; the Creator and sustainer of all life.
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The deity of Christ, the Son of God. His birth of a virgin, His sinless humanity, His atoning death on the cross, His bodily resurrection, ascension and present intercession for those who believe.
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The Bible as God’s inspired word, being the final authority on all things, and His revelation of Himself to mankind.
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The intrinsic worth of every human being. We are made in the image of God and for the glory of God and therefore every person must be valued and esteemed.
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The need for repentance for sin and a New Birth by the Holy Spirit, the justification of the sinner only by the grace of God through faith in Christ, and the sanctifying work of the Holy Spirit in the life of those who have faith.
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The resurrection of all mankind, for judgement by Christ at His future visible return in power and glory.
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The underlying theological basis of the work of Good News Family Care is the belief that all people are made in God’s image and are objects of His love. Therefore, every human being should be treated with dignity, respect and love. (See Genesis 1:26-27. 5:1-2 and 1 John 4:19-21).
As a Christian charity our faith is foundational to the way we work and is why we do what we do. All people who meet our eligibility criteria are welcome to access the services we provide regardless of their religion or status. We do not discriminate against any individual on the basis of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, sex or sexual orientation (referred to as protected characteristics). We do not impose our faith on our service users - they are free to choose and express their own views within our services - our charity is open to all. In keeping with the 12- Step Recovery Programme, faith is a component of recovering from addiction and trauma and so views on spirituality are discussed and explored as part of the programme and is relevant to everyone.
Page 1
GOOD NEWS FAMILY CARE (HOMES) LTD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2022
OBJECTIVES AND ACTIVITIES
Public benefit
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.
Our service provision benefits people from Derbyshire and across the UK. Specifically, through provision of emergency and refuge residential facilities for women and their children; services for young adults and people who are marginalised (male and female), such as those with mental health issues, ex-offenders, young people at risk of offending, people at risk of or recovering from drug and alcohol misuse.
Service users in our residential services are primarily women (and their children), struggling with multiple needs such as: fleeing, or needing to recover from domestic abuse; substance misuse addiction; struggling with mental health, complex needs or otherwise homeless. At any given time, they may include individuals on completion of a prison sentence, long-term and often generationally unemployed, individuals suffering from destructive/debilitating lifestyles, individuals suffering from low self-esteem, those with co-dependency issues, individuals who are self-harming. Many service users are poly drug users with complex needs, also diagnosed with mental health issues including bi-polar, depression, panic attacks and anxiety.
People who are long-term and often generationally unemployed benefit from our skills development work-like activities. Community wide public benefit is achieved through reduction in crime and in the cost of public services including health services.
GNFC fulfils public benefit through:
~ The provision of refuge accommodation for women from 18 years who are fleeing domestic and/or sexual abuse also providing victim protection with holistic support. Our approach promotes the development and strengthening of family bonds - whenever possible with the whole family. When appropriate we offer mediation and advocacy between the victim and perpetrator, recognising the priority of risk assessment and risk management. Addressing problem drinking in young mothers and challenging substance misusing life-styles. Providing courses and interventions to empower women to grow in confidence, make wise choices and point the way for a greater capacity to manage relational conflict, also reducing the effect of alcohol misuse within the family, thereby decreasing crime and disorder and reducing the number of repeat incidences of abuse. Parenting programmes and support facilitate development of skills and appropriate authority within the family. These aid the parent/child relationship and help protect against the formation of behavioural problems in children and potential entry into crime in the future, which contributes to meeting the targets of the government Troubled Families Programme.
~ Homeless facilities are provided to the local authority and beyond Derbyshire.
~ Care Quality Commission regulated residential services that support people in their recovery from substance misuse, promoting an abstinent lifestyle that is free from crime, strengthens family life and contributes to the local community and society.
~ Day care services that provide person centred tailored support for as long as required within the community, supporting beneficiaries to sustain their recovery and sobriety and avoid a return to crime, providing certificated education and work-like experience for people who are generationally unemployed.
~ Partnership with local agencies and forums to shape future services, protect children and vulnerable adults from abuse, reduce domestic abuse and addiction and promote caring family values in our society.
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GOOD NEWS FAMILY CARE (HOMES) LTD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2022
ACHIEVEMENT AND PERFORMANCE
Covid-19 Impact
There were still instances of staff members being absent due to suspected Covid-19 or having been in contact with a family member, but this decreased over the course of the year. The financial impact of the pandemic in both staff costs and rising prices presents a significant challenge. Applications to various Covid related funds from government bodies and grant making trusts were extremely helpful, but as these subsided, the real cost in lost staff hours and additional costs has impacted the continuing work of the charity.
Events
Two new team members arrived towards the latter part of the reporting year from Brazil - a young couple who are here as Religious Workers under the government Sponsor Scheme. They worked alongside team members to learn about the different areas of work that we cover and to help develop their spoken English, although they had worked hard to prepare themselves prior to their arrival. They were quickly able to support existing staff members whilst 'learning the ropes', helping provide extra support hours to ensure that our residents and outreach participants were well supported throughout the week.
We were delighted that once Covid-19 restrictions were lifted we could plan and go ahead with our annual celebration and thanksgiving event. This was a smaller event than previous years but was also broadcasted by a video link for the first time.
A smaller version of the summer garden party was held in the autumn when friends old and new gathered in the barn at Oldfield Farm and enjoyed BBQ type food.
Beneficiaries July 2021 to June 2022
The total number of residents in the period from July 2021 to June 2022: 37 women and 24 children.
Ongoing support provided for ex-residents and community members: 27 adults.
Financial Support
Grants have been harder to come by post the Covid-19 funding. However, we gained a number of smaller grants. These together with contracts for our support services payments covered the support costs for our beneficiaries over the year. A small number of very faithful supporters continue to provide not only financial support but also faithfully pray for our residents and the work of the charity. We are exceptionally grateful to these people who have continued to give despite the very difficult financial situation we are all facing due to the unprecedented price rises across all financial spectrums. We are indebted to them and know that without this dedicated support from a comparatively small band of very committed people, GNFC would neither have begun, or been able to continue for almost 2 years.
Future Proofing
Gradually all of the original team have retired with the exception of three of the remaining founding members who are still fulfilling key responsibilities whilst passing on their knowledge and responsibilities to younger team members. The work of the charity is secured and blessed to have capable and envisioned people working with GNFC.
This is an important time of transition for GNFC and we have much to thank God for in that newer team members are sharing and lightening the load. We value your prayerful support, particularly that we manage the process of change for the next phase of the journey well. It is so important that the people most in need of our support can continue to rely on the provision of a safe and loving home at times of crisis. The need for caring provision for families in need in our society has certainly not decreased over the past 28 years, but has become increasingly vital. The Family Centre was again full to capacity throughout the year. Demand for places remained high.
Developments
The need for a new Recovery Manager is very urgent and one of the current board of directors has offered herself to take this role on a temporary basis if no-one is in place when she retires from her current work as a GP later this year. In the meantime we sadly must turn away women who are referred to our freedom2live programme for women caught in addiction and who so desperately need to know that there is a God who loves and cares for them.
We have been able to rent 2 adjoining flats in the community for either move-on accommodation or for women and children for who it is not appropriate to offer a place at Charis House. We were able to quickly equip them for our purpose from donations of goods received and our store cupboards. It has also enabled GNFC to house a Ukrainian refugee and her children. We are now prayerfully considering providing a flat for men fleeing domestic abuse.
The 7 seater car funded by the Derbyshire Police Commissioner last year has enabled us to transport beneficiaries to the farm based skills projects during the year. In addition to our residential beneficiaries it has opened opportunities to people living in the community who are struggling with mental health issues, depression or learning difficulties and will be of benefit to many more people over the coming years.
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GOOD NEWS FAMILY CARE (HOMES) LTD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2022
FINANCIAL REVIEW
Financial and Operational Review
In recent years we have addressed how our finances are recorded and monitored to make them more reflective of how our work has developed over the past few years. The purpose was to ensure that our financial management processes are transparent, that grants and donations can be easily identified and that the cost of our different areas of work can be readily assessed for budgeting purposes. Our operations are now more clearly identified and targets and outcomes are able to be accurately measured in a way that is meaningful to funding bodies and to our supporters.
Investment policy and objectives
At the current time the Directors consider it inappropriate to seek to invest with the exception of investment in property and fixtures & fittings that are specifically needed for the continued provision of the services we offer to fulfil our objectives.
Reserves Policy
The Directors consider it is appropriate to seek to maintain an unrestricted reserve for the future sufficient to cover three months outgoings. The Directors do however feel that there has to be a caveat such that, if in seeking to maintain this level of reserves the service we provide would be drastically reduced or curtailed, the Policy would need an immediate rethink with the necessary actions being decided upon depending on circumstances at that time.
Going concern
Good News Family Care (Homes) Ltd is to continue as a going concern.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Organisational structure
Current Management Team Members
Hazel Guest - Charity Manager Johanna Collier - Recovery Manager (resigned December 2021) Jayne Marks - Nursery and Community Outreach Manager Julie Cousins - Community Outreach (Children and Family Focused) (resigned April 2021) Joylyn McDonald-Harris - Intensive Housing Manager Rebekah Lees - Treasurer Roger Guest - Secretary
Charity Trustees (Directors of the Limited Company)
The Board of Trustees (Directors) has remained stable over the course of the past year. The Board oversees the finances of the charity through quarterly face to face Trustee Meetings overseeing the work and direction of the charity. During Lockdown meetings were via video using Teams/Zoom and the trustees contributed to ongoing communications/discussion by email; involvement in employment issues, giving support and encouragement to the Management Team. The directors seek to recruit additional members to the team as required in order to bring identified additional skills to the Board.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02992393 (England and Wales)
Registered Charity number
1042386
Registered office
Charis House Hardwick Square East Buxton Derbyshire SK17 6PT
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GOOD NEWS FAMILY CARE (HOMES) LTD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2022
Trustees
Mrs H M Guest Dr M F Horsfield (resigned 1.9.22) Mrs B Wallington P Raggett
Company Secretary R Guest
Independent Examiner
N A Kennington FCA Heywood Shepherd Chartered Accountants 1 Park Street Macclesfield Cheshire SK11 6SR
Approved by order of the board of trustees on 28 March 2023 and signed on its behalf by:
Mrs H M Guest - Trustee
Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GOOD NEWS FAMILY CARE (HOMES) LTD
Independent examiner's report to the trustees of Good News Family Care (Homes) Ltd ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2022.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of FCA which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
N A Kennington FCA Heywood Shepherd Chartered Accountants 1 Park Street Macclesfield Cheshire SK11 6SR
28 March 2023
Page 6
GOOD NEWS FAMILY CARE (HOMES) LTD
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2022
| 2022 Unrestricted Restricted Total funds funds funds Notes £ £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 59,107 134,460 193,567 Charitable activities 4 Nursery 26,701 - 26,701 Intensive Housing 160,906 - 160,906 Dispersed Housing 55,633 - 55,633 Recovery 16,246 - 16,246 Non Residential Services 26,781 - 26,781 Investment income 3 34 - 34 Other income 2,913 - 2,913 Total 348,321 134,460 482,781 EXPENDITURE ON Raising funds 5 215 - 215 Charitable activities 6 Nursery 60,520 684 61,204 Intensive Housing 155,650 37,880 193,530 Dispersed Housing 39,920 2,373 42,293 Recovery 35,432 20,503 55,935 Non Residential Services 77,242 21,315 98,557 General - - - Total 368,979 82,755 451,734 NET INCOME/(EXPENDITURE) (20,658) 51,705 31,047 Transfers between funds 21 (2,609) 2,609 - Net movement in funds (23,267) 54,314 31,047 RECONCILIATION OF FUNDS Total funds brought forward 208,310 272,057 480,367 TOTAL FUNDS CARRIED FORWARD 185,043 326,371 511,414 |
2021 Total funds £ 262,642 18,052 162,282 45,249 55,409 12,262 8 - |
|---|---|
| 555,904 | |
| - 45,712 168,502 27,890 126,686 88,021 - |
|
| 456,811 | |
| 99,093 - |
|
| 99,093 381,274 |
|
| 480,367 |
The notes form part of these financial statements
Page 7
GOOD NEWS FAMILY CARE (HOMES) LTD
BALANCE SHEET 30 JUNE 2022
| Notes FIXED ASSETS Tangible assets 12 CURRENT ASSETS Debtors 13 Cash at bank and in hand CREDITORS Amounts falling due within one year 14 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 15 ACCRUALS AND DEFERRED INCOME 19 NET ASSETS FUNDS 21 Unrestricted funds: General fund Emergency allocation fund Insurance Allocation Oldfield Purchase Allocation Restricted funds: Building Fund Residents project Skills fund ( tools) Fixed asset expenditure MCHLG Fund Recovery Work Fund Refurbishment Religious Worker Fund Covid grants fund Police money Foundation Derbyshire Community Covid Fund Infection control Rapid testing Non Residential Services (Grants) Boiler Fund TOTAL FUNDS |
2022 £ 833,898 66,577 55,922 122,499 (90,272) 32,227 866,125 (347,211) (7,500) 511,414 165,183 4,860 12,000 3,000 185,043 - 393 699 237,056 75,746 - 788 67 130 2,327 - 2,447 1,271 1,684 263 3,500 326,371 511,414 |
2021 £ 813,945 37,530 114,783 152,313 (84,436) 67,877 881,822 (386,455) (15,000) 480,367 208,310 - - - 208,310 15,091 97 250 190,012 43,621 1,875 822 550 1,895 7,004 302 6,735 1,916 1,887 - - 272,057 480,367 |
|---|---|---|
The notes form part of these financial statements
continued...
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GOOD NEWS FAMILY CARE (HOMES) LTD
BALANCE SHEET - continued 30 JUNE 2022
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 28 March 2023 and were signed on its behalf by:
H M Guest - Trustee
The notes form part of these financial statements
Page 9
GOOD NEWS FAMILY CARE (HOMES) LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Fixtures and fittings | - 25% on reducing balance |
|---|---|
| Motor vehicles | - 25% on reducing balance |
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. DONATIONS AND LEGACIES
| Donations Gift aid Grants Grants received, included in the above, are as follows: Other grants |
2022 £ 61,844 6,858 124,865 193,567 2022 £ 124,865 |
2021 £ 54,892 9,437 198,313 |
|---|---|---|
| 262,642 | ||
| 2021 £ 198,313 |
Grants include Government "Kickstart" Support of £16,677 (2021 Covid Support £16,547).
continued...
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GOOD NEWS FAMILY CARE (HOMES) LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
3. INVESTMENT INCOME
| INVESTMENT INCOME | ||||
|---|---|---|---|---|
| Deposit account interest INCOME FROM CHARITABLE ACTIVITIES Activity Nursery income Nursery Service charges Intensive Housing Rent Intensive Housing Rent Dispersed Housing Care income Recovery Rent Recovery Service charges Non Residential Services Projects income Non Residential Services RAISING FUNDS Raising donations and legacies Fundraising costs CHARITABLE ACTIVITIES COSTS Nursery Intensive Housing Dispersed Housing Recovery Non Residential Services SUPPORT COSTS Nursery Intensive Housing Dispersed Housing Recovery Non Residential Services |
2022 £ 34 2022 £ 26,701 10,136 150,770 55,633 5,737 10,509 14,792 11,989 286,267 2022 £ 215 Support Direct costs (see Costs note 7) £ £ 60,479 725 192,166 1,364 41,595 698 44,748 11,187 97,378 1,179 436,366 15,153 Governance Finance costs £ £ - 725 - 1,364 - 698 10,456 731 - 1,179 10,456 4,697 |
2021 £ 8 2021 £ 18,052 8,594 153,688 45,249 18,405 37,004 1,133 11,129 |
2021 £ 8 |
|
| 293,254 | ||||
| 2021 £ - Totals £ 61,204 193,530 42,293 55,935 98,557 |
2021 £ - |
|||
| 451,519 | ||||
| Totals £ 725 1,364 698 11,187 1,179 |
||||
| 15,153 |
4. INCOME FROM CHARITABLE ACTIVITIES
5. RAISING FUNDS
6. CHARITABLE ACTIVITIES COSTS
7. SUPPORT COSTS
continued...
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GOOD NEWS FAMILY CARE (HOMES) LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
8. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 4,155 | 2,675 |
| Surplus on disposal of fixed assets | (2,913) | - |
9. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2022 nor for the year ended 30 June 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2022 nor for the year ended 30 June 2021.
10. STAFF COSTS
| STAFF COSTS | ||||
|---|---|---|---|---|
| Wages and salaries The average monthly number of employees during the year was as follows: Non Residential Services Nursery Intensive and Dispersed Housing Support Recovery Residential Support Workers Administration Maintenance |
2022 £ 286,423 286,423 2022 3 5 4 3 2 2 19 |
2021 £ 282,104 |
||
| 282,104 | ||||
| 2021 2 2 4 4 2 2 16 |
No employees received emoluments in excess of £60,000.
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Restricted fund funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 61,862 200,780 Charitable activities Nursery 18,052 - Intensive Housing 162,282 - Dispersed Housing 45,249 - Recovery 55,409 - Non Residential Services 12,262 - Investment income 8 - Total 355,124 200,780 |
Total funds £ 262,642 18,052 162,282 45,249 55,409 12,262 8 555,904 |
|---|---|
EXPENDITURE ON
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GOOD NEWS FAMILY CARE (HOMES) LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Charitable activities Nursery Intensive Housing Dispersed Housing Recovery Non Residential Services General Total NET INCOME Transfers between funds Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 12. TANGIBLE FIXED ASSETS COST At 1 July 2021 Additions Disposals At 30 June 2022 DEPRECIATION At 1 July 2021 Charge for year Eliminated on disposal At 30 June 2022 NET BOOK VALUE At 30 June 2022 At 30 June 2021 |
Unrestricted fund £ 37,265 143,529 12,601 93,863 56,807 - 344,065 11,059 16,308 27,367 180,940 208,307 Fixtures Freehold and property fittings £ £ 803,236 58,762 - 3,356 - - 803,236 62,118 - 50,303 - 1,510 - - - 51,813 803,236 10,305 803,236 8,459 |
Restricted funds £ 8,447 24,973 15,289 32,823 31,214 - 112,746 88,034 (16,308) 71,726 200,334 272,060 Motor vehicles £ 4,200 22,199 (4,200) 22,199 1,950 2,645 (2,753) 1,842 20,357 2,250 |
Total funds £ 45,712 168,502 27,890 126,686 88,021 - 456,811 99,093 - 99,093 381,274 480,367 Totals £ 866,198 25,555 (4,200) 887,553 52,253 4,155 (2,753) 53,655 833,898 813,945 |
Total funds £ 45,712 168,502 27,890 126,686 88,021 - |
|---|---|---|---|---|
| 456,811 | ||||
| 99,093 - |
||||
| 99,093 381,274 |
||||
| 480,367 |
continued...
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GOOD NEWS FAMILY CARE (HOMES) LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
| 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Prepayments and accrued income 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Finance leases (see note 17) Trade creditors Social security and other taxes Accruals and deferred income 15. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Other loans (see note 16) Finance leases (see note 17) 16. LOANS An analysis of the maturity of loans is given below: Amounts falling due in more than five years: Repayable otherwise than by instalments: Other loans more 5yrs non-inst 17. LEASING AGREEMENTS Minimum lease payments under finance leases fall due as follows: Net obligations repayable: Within one year Between one and five years In more than five years |
2022 2021 £ £ 36,498 11,412 30,079 26,118 66,577 37,530 2022 2021 £ £ 40,500 41,800 32,159 22,096 5,049 7,209 12,564 13,331 90,272 84,436 2022 2021 £ £ 9,000 10,000 338,211 376,455 347,211 386,455 2022 2021 £ £ 9,000 10,000 Finance leases 2022 2021 £ £ 40,500 41,800 172,500 167,200 165,711 209,255 378,711 418,255 |
2021 £ 11,412 26,118 37,530 2021 £ 41,800 22,096 7,209 13,331 84,436 2021 £ 10,000 376,455 |
2021 £ 11,412 26,118 |
|---|---|---|---|
| 37,530 | |||
| 2021 £ 41,800 22,096 7,209 13,331 |
|||
| 84,436 | |||
| 386,455 | |||
| 2021 £ 10,000 |
|||
| 418,255 |
continued...
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GOOD NEWS FAMILY CARE (HOMES) LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
18. SECURED DEBTS
The following secured debts are included within creditors:
| Other loans Finance leases |
2022 £ 9,000 378,711 387,711 |
2021 £ 10,000 418,255 |
|---|---|---|
| 428,255 |
The lease agreement is secured on the asset leased.
The terms of the loan are to pay 10% of the outstanding balance each year including the annual interest charge of 2.5% of the balance at the year end.
The charity, by agreement with the lessor, did make repayments of £50,000 in the year to the outstanding balance of the lease agreement.
19. ACCRUALS AND DEFERRED INCOME
| Accruals and deferred income ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Restricted fund funds £ £ Fixed assets 203,131 630,767 Current assets 33,184 89,315 Current liabilities (42,272) (48,000) Long term liabilities (9,000) (338,211) Accruals and deferred income - (7,500) 185,043 326,371 |
2022 £ 7,500 2022 Total funds £ 833,898 122,499 (90,272) (347,211) (7,500) 511,414 |
2021 £ 15,000 2021 Total funds £ 813,945 152,313 (84,436) (386,455) (15,000) |
2021 £ 15,000 |
|---|---|---|---|
| 480,367 |
20. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Page 15
continued...
GOOD NEWS FAMILY CARE (HOMES) LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
21. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | ||
|---|---|---|
| Net movement At 1.7.21 in funds £ £ Unrestricted funds General fund 208,310 (25,518) Emergency allocation fund - 4,860 Insurance Allocation - - Oldfield Purchase Allocation - - 208,310 (20,658) Restricted funds Building Fund 15,091 (15,091) Oldfield Purchase Fund - 23,535 Residents project 97 296 Skills fund ( tools) 250 449 Fixed asset expenditure 190,012 (2,956) MCHLG Fund 43,621 32,125 Recovery Work Fund 1,875 (1,875) Refurbishment 822 (34) Religious Worker Fund 550 (483) Covid grants fund 1,895 (1,765) Police money 7,004 15,856 Foundation Derbyshire 302 (302) Community Covid Fund 6,735 (1,815) Infection control 1,916 (645) Rapid testing 1,887 647 Non Residential Services (Grants) - 263 Boiler Fund - 3,500 272,057 51,705 TOTAL FUNDS 480,367 31,047 |
Transfers between funds At 30.6.22 £ £ (17,609) 165,183 - 4,860 12,000 12,000 3,000 3,000 (2,609) 185,043 - - (23,535) - - 393 - 699 50,000 237,056 - 75,746 - - - 788 - 67 - 130 (20,533) 2,327 - - (2,473) 2,447 - 1,271 (850) 1,684 - 263 - 3,500 2,609 326,371 - 511,414 |
|
| 185,043 - - 393 699 237,056 75,746 - 788 67 130 2,327 - 2,447 1,271 1,684 263 3,500 |
||
| 326,371 | ||
| 511,414 |
Page 16
continued...
GOOD NEWS FAMILY CARE (HOMES) LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
21. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 343,461 | (368,979) | (25,518) |
| Emergency allocation fund | 4,860 | - | 4,860 |
| 348,321 | (368,979) | (20,658) | |
| Restricted funds | |||
| Building Fund | 3,958 | (19,049) | (15,091) |
| Oldfield Purchase Fund | 23,614 | (79) | 23,535 |
| Nursery equipment fund | 62 | (62) | - |
| Residents project | 425 | (129) | 296 |
| Skills fund ( tools) | 1,600 | (1,151) | 449 |
| Recovery client fund | 500 | (500) | - |
| Fixed asset expenditure | 7,500 | (10,456) | (2,956) |
| MCHLG Fund | 67,703 | (35,578) | 32,125 |
| Recovery Work Fund | - | (1,875) | (1,875) |
| Refurbishment | 600 | (634) | (34) |
| Religious Worker Fund | - | (483) | (483) |
| Covid grants fund | 2,000 | (3,765) | (1,765) |
| Police money | 21,000 | (5,144) | 15,856 |
| Foundation Derbyshire | - | (302) | (302) |
| Community Covid Fund | - | (1,815) | (1,815) |
| Infection control | 1,088 | (1,733) | (645) |
| Rapid testing | 647 | - | 647 |
| Non Residential Services (Grants) | 263 | - | 263 |
| Boiler Fund | 3,500 | - | 3,500 |
| 134,460 | (82,755) | 51,705 | |
| TOTAL FUNDS | 482,781 | (451,734) | 31,047 |
continued...
Page 17
GOOD NEWS FAMILY CARE (HOMES) LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
21. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net movement At 1.7.20 in funds £ £ Unrestricted funds General fund 180,940 11,062 Restricted funds Building Fund 13,200 1,891 Nursery equipment fund 2,257 (3,499) Residents project 105 (8) Skills fund ( tools) 326 (76) Recovery client fund (6,121) - Fixed asset expenditure 153,538 35,095 MCHLG Fund 7,592 40,695 Recovery Work Fund 7,996 - Refurbishment 822 - Religious Worker Fund 167 383 Covid grants fund 20,452 (14,523) Police money - 7,435 Foundation Derbyshire - 5,386 Community Covid Fund - 7,185 Infection control - 3,740 Workforce capacity - 777 Rapid testing - 3,550 200,334 88,031 TOTAL FUNDS 381,274 99,093 |
Transfers between funds At 30.6.21 £ £ 16,308 208,310 - 15,091 1,242 - - 97 - 250 6,121 - 1,379 190,012 (4,666) 43,621 (6,121) 1,875 - 822 - 550 (4,034) 1,895 (431) 7,004 (5,084) 302 (450) 6,735 (1,824) 1,916 (777) - (1,663) 1,887 (16,308) 272,057 - 480,367 |
Transfers between funds At 30.6.21 £ £ 16,308 208,310 - 15,091 1,242 - - 97 - 250 6,121 - 1,379 190,012 (4,666) 43,621 (6,121) 1,875 - 822 - 550 (4,034) 1,895 (431) 7,004 (5,084) 302 (450) 6,735 (1,824) 1,916 (777) - (1,663) 1,887 (16,308) 272,057 - 480,367 |
|---|---|---|
| 272,057 | ||
| 480,367 |
continued...
Page 18
GOOD NEWS FAMILY CARE (HOMES) LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
21. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 355,124 | (344,062) | 11,062 |
| Restricted funds | |||
| Building Fund | 17,000 | (15,109) | 1,891 |
| Nursery equipment fund | - | (3,499) | (3,499) |
| Residents project | 149 | (157) | (8) |
| Skills fund ( tools) | 5,180 | (5,256) | (76) |
| Fixed asset expenditure | 46,516 | (11,421) | 35,095 |
| MCHLG Fund | 67,702 | (27,007) | 40,695 |
| Religious Worker Fund | - | 383 | 383 |
| Covid grants fund | 89 | (14,612) | (14,523) |
| Police money | 33,658 | (26,223) | 7,435 |
| Foundation Derbyshire | 12,554 | (7,168) | 5,386 |
| Community Covid Fund | 9,865 | (2,680) | 7,185 |
| Infection control | 3,740 | - | 3,740 |
| Workforce capacity | 777 | - | 777 |
| Rapid testing | 3,550 | - | 3,550 |
| 200,780 | (112,749) | 88,031 | |
| TOTAL FUNDS | 555,904 | (456,811) | 99,093 |
22. RELATED PARTY DISCLOSURES
A total of £26,648 (2021 £15,124) was donated to the charity by trustees, employees or volunteers in the year. These donations included £10,000 from a trustee with the condition attached that should Oldfield Farm be sold during the lifetime of the trustee, the donation must be repaid.
The home is the residence of some of the employees. The total amount of rental income from employees during the year was £13,360 (2021 £13,940).
Last year the charity had £6,000 outstanding on an original loan from a trustee of £29,000 at the year end. The balance was repaid in full this year.
Last year the charity had a loan outstanding to a trustee of £4,000 at the year end. This was repaid in full during the year.
A trustee made a loan to the charity of £9,000 during the year. No repayments were made towards this loan during the year.
An employee of the charity, Mr Guest is the spouse of one of the charity's Trustees, Mrs Guest.
continued...
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GOOD NEWS FAMILY CARE (HOMES) LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
23. CLIENT ACCOUNT
The charity operates a client bank account and holds money on behalf of the residents.
The balance of client monies held by the charity at the year end was £Nil (2021 £189). As this is not a charity asset it is not included in these accounts.
Page 20
GOOD NEWS FAMILY CARE (HOMES) LTD
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Grants Investment income Deposit account interest Charitable activities Nursery income Service charges Care income Rent Projects income Other income Gain on sale of tangible fixed assets Total incoming resources EXPENDITURE Raising donations and legacies Fundraising costs Charitable activities Wages Rent, rates and water Insurance Light and heat Telephone Postage and stationery Advertising Sundries Food Household goods Repairs and renewals Training Technology costs Recovery project costs Motor and travel expenses Premises expenses Bank charges Registration fees Bad Debts Carried forward |
2022 £ 61,844 6,858 124,865 193,567 34 26,701 24,928 5,737 216,912 11,989 286,267 2,913 482,781 215 286,423 28,781 29,225 28,399 2,812 1,381 97 7,460 2,271 2,361 4,340 1,070 261 575 3,084 24,421 377 2,217 2,328 427,883 |
2021 £ 54,892 9,437 198,313 |
|---|---|---|
| 262,642 8 18,052 9,727 18,405 235,941 11,129 |
||
| 293,254 - |
||
| 555,904 - 282,104 21,180 26,662 28,580 2,072 1,070 - 6,648 279 3,964 7,794 1,170 7,798 4,531 1,390 27,198 244 2,111 5,124 429,919 |
This page does not form part of the statutory financial statements
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GOOD NEWS FAMILY CARE (HOMES) LTD
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2022
| Charitable activities Brought forward Craft Infection control Livery and livestock expenses Depreciation of tangible fixed assets Support costs Finance Farm Lease interest Governance costs Accountancy and legal fees Total resources expended Net income |
2022 £ 427,883 23 64 4,241 4,155 436,366 10,456 4,697 451,734 31,047 |
2021 £ 429,919 - 9,383 - 2,675 |
|---|---|---|
| 441,977 11,421 3,413 |
||
| 456,811 | ||
| 99,093 |
This page does not form part of the statutory financial statements
Page 22